The most improved metrics are Trading Approvals up 6% and pumping performance up 4% on 2007. This resulted in a Fleet Performance Score that Exceeds Expectations resulting in a pro - rata bonus of 3.38%.

I am therefore very pleased to advise you that the 2008 Fleet Performance Bonus payout will be 2.5% + 3.38% = 5.88%
For BPMSS officers the FPB will be paid with your March salaries. Eligibility for officers and ratings will be as per FIN 57 - 08.
For Filipino Ratings who are on a fee based contract you will receive a FPB based on the amounts detailed below per 1% of FPB which approximately equates to the same payout % bonus as the salaried officers and this will also be paid with your March wages if you are on board ship . If you are on leave on 31st March this will be paid on your return to a BP Shipping operated vessel.

Finally, I would like to thank you all for delivering a very good performance during 2008 as we completed our fleet expansion and continued to build our marine operational capability within the Fleet and ashore. I believe this year will be more challenging, as we continue our journey together towards world class safety and operational performance. The external recessionary environment will challenge us to drive out waste and unnecessary cost whilst searching for ways to improve efficiency. If we can balance all these things and continue to deliver performance then we'll be in good shape and we'll be rewarded accordingly.
kind regards

Fleet Average
HSE
V/A
S/C
Pump
T/A
P/S
S/R
DOC 31/12/08 Fleet Bonus
28.05
23. 78
24.37
19.04
14.75
6.50
2.80
119.2
The most improved metrics are Trading Approvals up 6% and pumping performance up 4% on 2007. This resulted in a Fleet Performance Score that Exceeds Expectations resulting in a pro - rata bonus of 3.38%.
I am therefore very pleased to advise you that the 2008 Fleet Performance Bonus payout will be 2.5% + 3.38% = 5.88%
For Filipino Ratings who are on a fee based contract you will receive a FPB based on the amounts detailed below per 1% of FPB which approximately equates to the same payout % bonus as the salaried officers and this will also be paid with your March wages if you are on board ship . If you are on leave on 31st March this will be paid on your return to a BP Shipping operated vessel.
Rank -Filipino Ratings USD per 1% of FPB Bosun 113 Pumpman 113 Fitter 113 Chief Cook 113 2nd Cook 92 Motorman 92 AB
9